Fears You Resist Persist

This is the third in a series of articles about Fear of Failure, Fear of Success and Fear of Rejection in trading. This series started November 13, 2006 with the article entitled “Fearful Trading”.

Literature on these fears in trading deal mainly with the idea of resisting, eliminating or overcoming these fears.

Joe Ross, author of many books including Trading By the Book has an article (click here) in which he describes ways to resist the fear of failure. (http://ezinearticles.com/?Fear-of-Failing-in-Trading&id=214110)

Janice Dorn, in an article (click here) offers advice on how to trade despite the fear of failure.
(http://www.elliottwavetechnology.com/news/29.cfm)

But some trading coaches advise that resisting, eliminating and overcoming these fears can hurt your trading. Trading Coach Chris Shea says that “In overcoming fear there is a danger for supertraders… there is the potential that the supertrader loses respect for markets and the uncertainty involved. He or she is tempted, because of past successes, to become complacent or overconfident with an unrealistic belief in their own prowess.” To read article, click here.(http://www.themarketcoach.com/fear-in-trading.html)

If you’ve tried eliminating or overcoming these fears what you’ll likely find is that the more you resist, the more these fears persist.

There’s a way to handle these fears that actually helps in trading...

Continued tomorrow ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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